Recently, US President Trump tweeted to criticize Facebook's cryptocurrency project Libra. Trump said he is not a fan of Bitcoin and other cryptocurrencies. He believes that Facebook's Libra will have little reliability and Facebook must seek a banking license for virtual currency.
Since Trump has expressed such a pessimistic view on cryptocurrencies such as Bitcoin, those who work in cryptocurrencies will probably stay away from Trump, but there are exceptions.
This person is Justin Sun, the founder of TRON. On July 12, he published a message inviting Trump to attend the Buffett dinner.
Justin Sun said:
"Since US President Trump has expressed that he is not a fan of Bitcoin, I formally extended an invitation to Trump today, hoping that he can have lunch with Mr. Buffett, me, and all the blockchain leaders! I believe that after this lunch, no one in the world will understand blockchain better than Trump."
It is worth mentioning that Buffett, who had lunch with Justin Sun, was also not optimistic about cryptocurrencies. He criticized Bitcoin for having no investment value.
As for why Justin Sun, who is engaged in cryptocurrency, spent a lot of money to have lunch with Buffett, who is pessimistic about cryptocurrency? Justin Sun disclosed it in a long article titled "An Open Letter to the Community: Warren Buffett Charity Luncheon". He firmly believes that through proper understanding and communication, Buffett will change his overall position on cryptocurrency and blockchain and integrate this new investment strategy into his own investment portfolio.
If Trump really accepts Justin Sun's invitation to attend the Buffett lunch, it will be interesting to watch. Whether Justin Sun has the courage to convince Buffett and Trump to change their views on cryptocurrency will become one of the focuses of outside attention, although it is unlikely that Trump will accept the invitation.
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